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Nepal
1 Level
453 Review
106 Karma

Review on Einsteinium by Syed Adnan

Revainrating 4 out of 5

It focus on maintaining its stability.

It works on a proof of work proof algorithm. This algorithm pushes miners to compete against each other to complete transactions on the network and be rewarded for it.

Here users transmit digital tokens to each other which are recorded in a decentralized account. This distribution system merges all transactions into blocks. Once the transaction is confirmed, the blocks need to be sorted and aligned.



Pros
  • IT is built on an open source technology and has already identified it as an important part of the BTC community. It grants about two percent of the sources generated from research funding.
  • The biggest thing that sets it apart from its peers is being supported by an emotional foundation. This foundation is not for profit but it does raise some assurance for its investors.
  • This is not just a payment method, it has extra functions like anonymity, transaction fees, etc.
Cons
  • Corporate partnerships are a decent indicator of potential growth and their partnerships can be effective.